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Bankruptcy Services for Debtors

Skoda Minotti Delivers on the Promise of helping debtors prepare and analyze financial information before, during and after bankruptcy proceedings.

We'll help you prior to bankrupty proceedings

  • Assist the debtor in the preparation of budgets, forecasts and cash flow projections in order to analyze the viability of the company
  • Assist the debtor in preparation of a financial information package to inform the creditors of the debtor’s financial condition and turnaround plans
  • Assist the debtor in obtaining out-of-court concessions from the creditors

We'll help you during bankruptcy proceedings

Assist in the preparation of monthly financial statements that are to be filed with the courts:

  • Balance sheet presented on an accrual basis
  • Income statement presented on an accrual and on a cash basis
  • Schedule of payroll deposits & other fiduciary payments (example – sales tax)
  • Assist the debtor in reviewing for preference payments made prior to bankruptcy
  • Assist the debtor with the formation of a plan of reorganization (e.g. prepare pro forma financial statements that show the effect of the reorganization plan)
  • Assist the debtor in evaluating the effect of immediate liquidation, instead of reorganization
  • Assist in the drafting of the disclosure statement
  • Review of professional fee applications

Questions? Contact Us

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Skoda Minotti’s Valuation and Litigation Advisory Services group did an outstanding job – very attentive to detail, challenged assumptions and delivered a comprehensive and effective report. I would give the firm an unreserved recommendation.